Crude-Oil Futures End at Fresh Four-Month Low

Stockpiles Up 7.9% in Past Six Weeks Amid Weak Refiner Demand

By

David Bird

Updated Oct. 31, 2013 3:59 p.m. ET

NEW YORK--Crude-oil futures dropped for a third day Thursday, settling at a fresh four-month low on rising U.S. supplies.

Oil inventories in the U.S. have climbed by 7.9% in the past six weeks as processing at refineries has been slowed by seasonal maintenance work and unplanned outages. Meantime, rapid growth in domestic oil output continues,...